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Wednesday 17 August 2011

Financial Help: Understanding The Process Of Getting Financial Assistance

By Ken Melblock


Government assistance is actually one of the leading forms of financial help for single mothers today, but there is one little thing that makes the process of acquiring it very difficult. You need to qualify in order to be deemed as eligible for this kind of financial aid. The problem is that there is a gray area in this ruling wherein a person may be earning too much to be considered as a low-income individual, but at the same time is earning too little to be able support her family on her own. This conundrum is something that many mothers all over the world are facing, and is what may be causing them to lose hope in ever being able to get some help.

Key pointers to note when choosing a financial help planner any individual find the satisfaction in life without having to worry about the future. The services of any financial planner comes at a fee and it is important that the person seeking this service make it worth their while by ensuring that they have the best planner. The first step in getting help is to fully understand our individual financial goals that you want to meet, any assets and liabilities that one has, how tolerant you are to risks and what investment style you may opt for, for future financial freedom. It is from this point of view that the planner will create a plan that should suit your particular needs and one that will give the end results desired.

Filing for child support begins with contacting your local Office of Child Support Enforcement. You will then be assigned your own social worker to help you with your case and help you establish an order for support. For single mothers, they have to be able to give the information of the father of the child or children. You will most probably be charged a fee to be able to sign up for this support service, so if you want to make use of this kind of financial help for single mothers, you need to make sure that you set aside some money so that you can easily apply. While something like $25 may not sound like much in the grand scheme of things, it is still a lot if you are the type of person who cannot even afford to buy a week's worth of groceries for your family.

Another crucial pointer to take not of is what the planners are selling to their customers. It is good to know that a company that is fronting only one type of products is not to be trusted fully. Know what your financial planner is selling so that you may find out how comprehensive their services and products are.

If you wish to be able to support your children while waiting for the child support to come in, you can start this process and then look into other forms of financial help for single mothers while the process is pushing through.




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